SBA Paycheck Protection Program Calculator

To help you calculate the funding available to your business, we’ve created this calculator that will allow you the ability to enter your salaries, wages and other details to determine an estimate for the loan amount for which you are eligible.

Included Payroll Costs

Base the following amounts for an entire year of expenses. Loans can be up to 2.5 times the borrower's average monthly payroll costs, not to exceed $10 million. Payroll costs should include amounts withheld for federal employment taxes and FICA for all periods up to Feb 15, 2020

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Excluded Payroll Costs

These are payroll costs that cannot be included in the calculation of your loan estimate. If any of these items were included in your calculations of wages in the previous section, input the amounts below to exclude them from the calculations. Again, these should based on an entire year.

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Your Estimate Loan Amount

Loans can be up to 2.5 times the borrower's average monthly payroll costs, not to exceed $10 million.

  • Total Estimated Loan Amount
    Total net monthly payroll times 2.5
    $0.00

Estimated Loan Forgiveness Calculation

All calculations below should be based on an 8 week period beginning at loan origination date.

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  • Total Included Monthly Payroll Costs
    Sum of all numbers in section one for a month period
    $0.00
  • Total Excluded Monthly Payroll Costs
    Sum of all numbers in section two for a month period
    $0.00
  • Total Net Monthly Payroll Costs
    Included payroll costs minus excluded payroll costs
    $0.00
  • Total Estimated Loan Amount
    Total net monthly payroll times 2.5
    $0.00
  • Total Estimated Loan Forgiveness
    Sum of all numbers in section three
    $0.00
  • Estimated Remaining Loan Balance After Forgiveness
    Total loan amount minus forgiveness
    $0.00

We're here to help!

Do you have questions regarding the current climate and how to navigate your business? We are here to help. Visit our Empower HR website, give us a call at 888-818-0707 or email your questions to HRQuestions@EmPowerHR.com.